Product
Land entitlement transactions in Florida
Working capital positions in the entitlement pipeline, priced on completed project value rather than raw acreage.
How entitlement earns
The value is in the approvals, not the acreage
Raw land trades at one price. Entitled land, ready for vertical construction, trades at another. The fund provides working capital to move parcels through zoning, permitting, and utility approvals, and shares in the value uplift when the parcel sells or transitions to build.
This is patient capital, priced on the completed project value the entitlements unlock.
Position specs
- Geography: Florida
- Position type: working capital in the entitlement pipeline
- Valuation basis: completed project value, not raw acre
- Exit paths: sale to developer, or transition to build
Why entitlement
Three reasons this product exists
Uplift on approval
Every step through zoning, permitting, and utilities raises the parcel's value.
Not competing with developers
The fund partners on working capital, developers execute build.
Florida-only focus
The team runs the entitlement clock in one state.
Ask about current entitlement positions
Positions open on a rolling basis, priced on the entitlement clock.